PayPal™ I notice, now offer either to make a currency conversion themselves or to pass the conversion to your registered credit card.
On the of this month I paid $64 through PayPal. I chose to have the conversion made by my credit card and the exchange rates were as follows:
| £ / $ Exchange Rate. | $ / £ Exchange Rate. | |
|---|---|---|
| PayPal™ | 1 / 1.2447 | 1 / 0.8034 |
| Credit Card | 1 / 1.2869 | 1 / 0.7770 |
The £ / $ exchange rate and its inverse ($ / £), are both shown in the table.
PayPal do show you their current exchange rate before you complete the transaction (well done them!), but in the final event my credit card shows considerably better value (3.3% better) when compared to PayPal.
